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from24/7 Wall St.
11 hours ago

Atlassian Price Prediction: Down 66%, TEAM Could Hit $185 Next

Atlassian's restructuring-driven cost savings and cloud momentum position the company for margin expansion and GAAP profitability, supporting Mizuho's $185 price target by end of 2026.
Tech industry
from24/7 Wall St.
1 day ago

Oracle Stock Surges 9% Post-Earnings: Cloud Revenue Jumps 44%, Infrastructure Up 84%

Oracle's fiscal Q3 2026 results drove a 9% stock surge, with cloud revenue up 44% and cloud infrastructure revenue exploding 84%, primarily driven by AI demand that exceeds supply.
fromGadgets 360
1 month ago

Microsoft Reports Declining Gaming Revenue, Xbox Hardware Sales

Microsoft reported Wednesday that its Gaming revenue fell 9 percent, while Xbox content and services revenue decreased 5 percent in the second quarter for FY 2026. During its earnings call for the quarter ended December 31, the company said its overall revenue was up 17 percent driven by its Cloud business, but the Gaming division fell across different metrics. Xbox content and services revenue was below expectations and fell 5 percent year-on-year, Microsoft CFO Amy Hood confirmed during the earnings call.
Tech industry
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